What do you mean by insurance?

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SpottyLad
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What do you mean by insurance?

Post by SpottyLad » October 27th, 2019, 1:12 pm

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. ... The amount of money charged by the insurer to the Policyholder for the coverage set forth in the insurance policy is called the premium.

Source and full story: Wikipedia
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